Razon-led Manila Water Co. announced that it will construct the San Mateo-Rodriguez Sewerage System (SMR) to upgrade its wastewater services in Metro Manila’s east zone. In a statement, the concessionaire said it is investing P1.6 billion in SMR Package 1A, which started earlier this year. This...
PLDT Inc., Manila Electric Company (Meralco), and Metro Pacific Investments Corporation are infusing a total of P570 million into DigiCo which is investing the same amount for a stake in Bayad Center and Multipay Corporation. In disclosures to the Philippine Stock Exchange (PSE), PLDT, Meralco, and...
Manila Water Company reported that it is making sizeable headway in the ongoing construction of the P4 billion East Bay Phase 2 (PH 2) Submarine Transmission Pipeline Project. The project, which started in July 2023, involves the arduous task of laying a vast submarine pipeline system to...
WD-40 Company USA through its exclusive marketing distributor HERCO Trading Inc., and its affiliate company Fedchem Manufacturing and Distribution Inc., have recently donated almost P1 million worth of WD-40 Multi Use Product to the Philippine Red Cross, Metropolitan Manila Development Authority...
East zone concessionaire Manila Water Co. Inc. is conducting maintenance works at its Marikina North Sewage Plant and Terminal Pumping Station to improve the plant's capacity, redundancy, and compliance with environmental standards. In a statement, Manila Water said on Friday, Sept. 20, that the...
State-run Philippine National Oil Company (PNOC) will be powering the industrialization goal cast by the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) for the Polloc freeport zone in Parang, Maguindanao. The two government agencies have sealed a memorandum of understanding (MOU) on the...
The Department of Trade and Industry (DTI) wants to boost trade and investment opportunities with AEON Retail Co., Ltd., Japan's largest retailer, to strengthen economic ties between the two countries. Acting DTI Secretary Cristina A. Roque recently met with executives from AEON Retail Co., Ltd. to...
East zone concessionaire Manila Water Co. will raise its water bills starting in October due to the recently approved Foreign Currency Differential Adjustment (FCDA). In a disclosure to the Philippine Stock Exchange on Monday, Sept. 16, Manila Water said consumers will experience a rate increase of...
The Securities and Exchange Commission (SEC) is warning the public against dealing with a fake entity posing as the legitimate Philippine Investment Funds Association (PIFA) on Facebook and CT Loan Cash Loan and Credit Company. The SEC said the public should not buy into the investment scheme...
East Zone concessionaire Manila Water Co. Inc. has reported a surge in the number of water meter thefts and tampering incidents in Quezon City and Makati. Jeric Sevilla, Manila Water corporate communication affairs director, warned that delinquent consumers caught engaging in these illegal...
Several Chinese companies have been shortlisted by SP New Energy Corporation (SPNEC) of the Manila Electric Company (Meralco) Group for soon-to-be awarded contracts on the supply of photovoltaic (PV) modules and energy storage systems (ESS) for the $4.0 billion Terra solar project, an expansive...
London-headquartered private equity firm Actis is injecting colossal investment of $600 million (approximately P34 billion) for its 40 percent equity acquisition in the $4 billion Terra Solar project being advanced to commercial fruition by SP New Energy Corporation (SPNEC) of the Manila Electric...
